The weather forecaster said it would assess the need to issue a higher warning signal later on Tuesday to early Wednesday, when Zijin Gold was supposed to close its IPO .
“The Zujin Gold IPO may well delay its book close for its IPO and even debut trading timeline, according to the listing prospectus,” said Katerine Kou , chairwoman of the Hong Kong Securities Association , an industry body for brokers.
The transaction may also close on Tuesday, a day earlier than scheduled, according to an IFR report, citing sources.
Zijin Gold did not immediately reply to a request for comment.